When the inaugural National Numeracy Day was launched in 2018, it was estimated that poor numeracy cost the economy £20 billion through poor productivity and performance. Fast forward to 2024, and the cost to the economy from poor numeracy is estimated at £29 billion, as per our last post.
This Financial Ti
mes article from 2018 is still relevant six years on, as it highlights the impact poor numeracy has on wage-premium, confidence, productivity and efficiency. Well worth a read and worth attempting numeracy tests to see the real-world implications.
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